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Statements of Changes in Net Assets - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest [Abstract]    
Net investment loss $ (8,132) $ (3,671)
Net realized gain (loss) on investment in bitcoin transferred to pay Sponsor Fee 5,019 1,288
Net realized gain (loss) on investment in bitcoin sold for redemptions (42,062) (50,869)
Net change in unrealized appreciation (depreciation) (299,207) 1,639,849
Net increase (decrease) in net assets resulting from operations (344,382) 1,586,597
Increase (decrease) in net assets from capital share transactions    
Creations for Shares issued 2,419,885 3,902,520
Redemptions for Shares redeemed (2,470,492) (1,727,078)
Net increase (decrease) in net assets resulting from capital share transactions (50,607) 2,175,442
Total increase (decrease) in net assets from operations and capital share transactions (394,989) 3,762,039
Net assets    
Beginning of period [1] 3,762,039 0
End of period $ 3,367,050 $ 3,762,039 [1]
Increase (Decrease) in Partners' Capital [Roll Forward]    
Shares issued 42,610,000 117,270,000
Shares redeemed (45,810,000) (43,290,000)
Net increase (decrease) in Shares issued and outstanding (3,200,000) 73,980,000
[1] Prior to commencement of operations on January 10, 2024, Bitwise Asset Management, Inc. (“BAM”) redeemed the initial seed capital of 4 Shares for $200.00, Bitwise Investment Manager, LLC, an affiliate of the Sponsor, purchased 10,010 Shares of the Trust for $500,500 and then subsequently redeemed those Shares and the Trust formally revised its NAV per Share from $50.00 per Share to $25.00 per Share.